know, catastrophic news out of any part of the world or washington. >> do doors start to open a little bit? i keep hearing 1419, 1420. is there anything special about it? >> you could get into the technical range. that's a level people would to hit or head a few times or barack through it. i don't think we'll have enough fuel to burst through the tank but perhaps we'll see something. >> joe, have a good weekend. >> thanks. >> that does it for us here on a friday morning. let's get back to headquarters. wapner and the fast money half time. >> here is where we stand. take a look at the nasdaq right here in the red as we speak. here's what we're following on halftime today. on notice, netflix's boss reed hasting gets a warning from the

s.e.c. what does it mean for the beaten down stock and the company's future? food fight. mcdonald's shares looking golden to one wall street firm. our buyer and seller square off in a super-sized debate. but first our top story, apple's rotten week. the stock's on track to have its worth week in 2 1/2 years. all told more than $40 billion in market cap washed away. is the pain about to end for america's best loved company or is even more selling ahead? pete and john and jerry and stephen weiss and terranova are the traders. apple sits at the lows today as we come on the air. >> right. i have yet to find a reason for me to dip back into apple presently. you know, there's different stories out it seems like each and every day why it's out, what the buys are and selloffs all. forget all that for a moment. the stock seems to be stuck in a range and tlink are other opportunities out there. there's a lot of expectations for why it's moving around the way it is.

specifically people are pointing to, is it for tax reasons? the other day it was for the margins. whatever the reason you're seeing an accelerated move each and every day. i haven't seen a reason to jump back in there yet. i still own the stock but not to add anything to it. i still think there are far better beta names out there to trade. >> doc, are you at odds with your brother? i want to read you stats that are going to shock you. >> please. >> in the past 9 of 11 weeks, $115 billion in market cap washed away from apple. >> yep. >> what does that mean, doc? >> it also add $150 billion in market cap as it ran from those march opening numbers until it got up to 705. so that is the converse of what you just said. as far as apple here, like the fact that it keeps flirting with the death cross because as it has done twice in the past in 2008 and 2011, when it did that,

it made big moves to the upside. i think this is all fiscal cliff and tax related selling here. i don't think it's core, that rumor that because they moved up margins -- >> what do you do? your brother says stay away. >> i think he's right. you don't add to it until the final weeks of december. >> he didn't say stay away. >> did he say buy it? >> he said own it. >> if he thinks it's going up. >> if he loves it so much, why don't you buy more here? absolutely. on november 16th the stock rallied, took a little bit off, and i still believe on a tact tactical basis that's the right move, at least for me. longer-term time frame it is generational. it looks most like a bond. it's a bond-friendly type of asset. that's why i want to own it. now, john and pete are talking about what potentially could turn it.

you have to look forward into the earnings season and understand the potential for the number of iphones to be sold to hit 50 million. now, the reason that it was down 9 of 11 weeks, why did that begin? it began on the conversation of iphone five constraints. you wanted to order an iphone 5 online. it took you 2 to 4 weeks. now, you order an iphone and this was pointed out to me. you get it in three business days. those constraints aren't there anymore. >> they need to sell 50 million iphones to please people on the street. are they going do that? i'm talking about for a quarter. >> my money says they will. >> i want you to listen to a sound bike. tim cook speaking to brian williams. a lot of people saying they need another product category to take this stock to the next level. let's listen to tim cook and react to it. >> it's a market that we see

it's a market that has been left behind. wh what's he talking about? apple tv. >> they do need another product. it's improvements on the exists product, hasn't moved the needle in terms of my technology. not only is the iphone available now. that's a double-edged sword. is it available because they overproduced or because the components are, you know, more available? i've had many. i was able to walk in to a store two weeks after it was launched and buy one. here's my view on apple. i so want to buy this stock because i think that long term it's a great performer, selling at a discount on next year's earnings, and it's growing two to three times as fast, even under the most conservative estimates, so what i'm likely to do before the end of the year is buy a little position and then what i said yesterday, the quarter coming up on january 22nd is going to be one of the

most important quarters in the company's history. >> six months from now, a stock that sits at 534, 535 bucks, are we talking about a stock that's back over 600 bucks, $650, that's approached eed $600, any the naysayers, are you going to kick yourself? >> those hypergrowth days are behind us. let's say it's been 2 1/2 years since the stock acted like this, which means there was probably a same conversation going on 2 1/2 years ago but if you bought it, you made a lot of money. >> i don't understand how apple is actually trading. as john points out, it's a proxy for the fiscal cliff. that's exactly what's going on. if you look at this desk, there appears to be a 200-pound weight ape coring down the desk because you have the gargantuan brothers sitting over there. you've got these weekly options,

december options expiration, tax loss selling and it's pulling like a weight toward that $500 level. that doesn't mean that longer term this is not still a fundamentally sound company and it doesn't mean that the apple television story is dead either. >> all right. let's fast forward to next week where you know they'll be in focus. mike, you've heard the banter on the desk. what's the reason you think that apple has had this tumultuous week it's han, the worst in 2 1/2 years. >> look. i think apple became for good and bad reasons kind of the proxy for everything people hoped out of the market and i think the fever has to break and is in the process of breaking. the stock's down $176,000 but to to level, an increase, up 66% since the beginning of last year and it's still 100 billion dollars.

that psychology has to change that in six months this thing could make your money back. but i was actually saying earlier, a 2% dividend yield, who ever thought you'd have to talk about the yield with apple. but it starts to matter a little bit. it's cheaper than the market and if you really want to own it as opposed to trade it along with the, you know, 75 analysts trying to get an edge, then i think it starts to make edge around these levels. >> just another stock in your words, words i couldn't imagine hearing about apple even three, four, five, six, seven, eighth weeks ago. >> that's what you hope it becomes actually. >> just another stock? >> you hope it traded because of what's going on at the company and for its value other than something like hopes and prayers and tax reasons and everything else that's getting handed back and forth. >> michael, john.

if you look at this, how much have they flooded the markets with too many intro dukeses. the iphone 5, new ipad and the ipad mini. there were too many product introductions this year without enough differentiation between the old one. okay, the mini is actually out there to compete with the kindle and the likes of that, but as far as the ipad three versus the new ipad, what's that about? i thank showed a little desperation on apple's part. i think that accelerated selling into this tax increase that be're all facing right now. do you agree? >> i agree there's valid criticisms of that but it onto becomes a criticism in the context of a stock that ran up 700 in anticipation of all these product rollouts. i do think it definitely points to the idea that maybe there wasn't a step function innovation available, you know, to the marketplace right now from apple, and that's, i think, reflected in the market, but i

don't think there's any tragedy, again, in a stock that's up 30% to date and 66% in two years and now you can actually talk about what it's worth because of what the business is going to deliver. >> but, michael, who forced their hand to bring out the 3 and 4 in such close proximity? why did they do it that way? >> i'm not saying it was forced. >> i'm saying it was forced. >> it's because of what the market -- >> it is a blunder because people who are waiting for a nugget product to come out are going to think twice. what's the lifespan of this product before another one comes out. my view is before product cycles -- >> here's the other problem. we'll wrap the conversation and talk to everybody. as apple has gotten so big, the expectations have grown. there is so much chatter around apple, around the new product. can they wow anybody anymore? are they even able to be wowed

by somebody we know about? >> we don't know. >> we know they're going to come out with a tv. >> but we don't know if the tv is going to be just a piece of equipment that may be great and make the experience better for watching tv or if it's going to be like i toons, which i don't think it will be, where they'll get some of the entertainment dollars they got from the record company and that's the debate. >> the question whether it has the ability to wow or not, i don't really comprehend that, what i do comprehend is the ability to earn $254 and where's the competition. >> they'd better wow us. >> let me take your argument and say they don't. is there anything about nokia and rim to suggest to you that there's a fundamental chase that's pulling market shares toward them or is it truly a beta chase, which is fine? >> let's leave the conversation there. mike santoly, thanks for joining us.

we're going to talk about apple much more as the program progresses. certainly, again, the stock opens at least to our show the lows of the day. let's do a market flash now, go to the desk there to see what else is moving. courtney reagan, what else is moving. >> i found a tech name. i think you're going to find this interesting, scott. take a look at shares of cisco. speaking in new york to the analysts to their forward-looking discussion saying the company has gone too long without a major acquisition and sees the tech giant being more active. chambers saying in five years they plan to double. stocks moving slower, perhaps not impressed rkt at least not yet. >> courtney, thanks. so chambers' trigger finger is getting itchy, right? he wants do something. >> he wants do something. that's telegraphed through what we heard here. ratcheting down toward six. that's -- he needs to buy that

growth and it's not going be through scientific atlanta. >> all right. coming up on halftime, mcdonald's gets a key upgrade even though it delivered disappointing sales numbers. should you add that stock to your portfolio? we'll have a super-sized debate. plus yahoo!. why the search engine stock is taking off and whether you should be a buyer. and later one of the biggest homebuilders is giving back to investors. look at the latest company trying to gain the fiscal cliff. details on that. much more on this story when we come back.

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mcdonald's shares are up. are the traders loving it? pete najarian is but pete says no fries with this. pete, why do you like this? >> i think this is one of the greatest management teams that exists out there.

and i think even though they've gone through transitions, they know how to react and obviously they know how to accelerate things when markets are working in their favor. they know how to work the balance to change their stores, their menus, to be able to adjust on the fly better than anybody out there. when you look at the mccafes, how about the double-digit comparables for breakfasts in china and the fact they're going to have 2,000 stores. >> first of all, i think you're confusing your culinary fantasies with the stock selection. it's a 10% grower. the environment has gotten so promotional and you can't really say that the management team is great. true, thompson's been there for 22 years. new ceo, but skinner's gone. and by the way, so many ceos left on top -- they've left while they're on top because the there's no gas in the tank. that's a trade if it happens.

you'll see some short covering. bottom line, too slow, too promotional. i'd put money elsewhere. >> the stock hasn't done well. >> had a phenomenal 2011. slowdown in 2012. when you look at the environment you can fully understand it. i love the skpaks. >> take a look at yum!. yum!'s u.s. sales has grown. the dollar menu is back. don't confuse higher sales against some very, very reports and we've got a low bar with profitability. it won't be there. >> profitability comes from breakfast. they're killing them in china. >> i'm going to look at the valuation for me growing too slow. >> it will be over 100 bucks six months from now. >> if the market's up. >> you guys have made compelling cases. let's send it over to our jury, if you would. dr. j., who made the more compelling argument. >> well, okay, so i'm the guy

that cuts the baby in half, then, judge, because i do think stephen's made good arguments but i've got to go with pete. there's no hard landing at all with china. >> shouldn't be recused from this? >> like pete says, this is going to be higher six months from this. >> let's take the fellow g gargantuga gargantuan brother out of it. pete is right. we understand the macro challenge is challenging. what did they do? on december 15 they repoliced jan fields with jeffrey stratton who for 40 years has been at mcdonald's, he's been the global guy. they brought him back home to address the issues in the u.s. management in mcdonald's gets it. >> let's talk about yahoo!. it's hitting its highest level in four years as investors seems to be buying what ceo melissa

myer is selling. let's go to steve grasso. a remarkable run for the stock. i've asked the question on more than one occasion, whether it's style or substance that's behind the move. >> if you look at it, this is a technical call there. there is the appearance of a triple top. you have to look at 20102010, 2. 1915ish. if we can cross over that, you're looking at the same thing. >> are you worried that once the halo, so to speak, that the street has given melissa myer the benefit of the doubt. once reality has set in that her job is big that the stock is going to fade? >> i don't know what reality is going to set in. they've been able to monetize alibaba. there's still money there. they're cash plentiful at this

point. there were rumors about maybe a special differ but i think they'll probably ratchet up their corporate repurchase. so all those things are positive and i think it's all of it enough to get it back in the mid 20s. >> i'm going to let you run. but what about this mcdonald's debate? do you want to chime in on it. >> i love the mcrib likemy brother pete. but the truth is they have the dollar menu, the value menu, the margins are crushed here. that's why it fell off a cliff. can it go higher? yes, but i think there's a question because of the strategies they've employed. one more thing. i've heard the death cross. back in '08 when it hit that death cross, apple lost 50% of its value at about 3 months. was it a long-term investment that really paid off? yes, but you took it on the chin. >> not when it hit the death cross. >> you're talking about the march 1. >> yes, i am. >> it bounced 54%, grasso.

>> i'm talking about september, when it hit september '08. it fell off. the bigger question is when it -- >> it didn't hit the death cross. >> right, right, right, but when it did hit that death cross there was a lagging effect and the stock came in traumatic bibi 50%. what's more important than the death cross, don't worry about it what's more important is the short-term momentum that the stock loses. look at your 20-day moving averages, 10-day. momentum is lost to the stock and i agree with pete. wait until the end of the year. >> grasso, good to see you as always. have a great weekend. >> good to see you, my brothers. >> as we go to break, why don't we show that. again, the lows of the day really falling out of bed here, down more than 2%, almost 2 1/4% move for shares of apple, again, working on its worst week in some 2 1/2 years.

nearly $50 billion in market cap wiped away from apple this week. remains, though, the most valuable company on the planet, however it's been a difficult week for those who sit on shares of apple. coming up, to one of the nation's top homebuilders, they're in our top three trades and santa claus. we get some answers from blackrock's chief analyst as the rate falls to four-year lows. we'll be right back. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash.

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together for your future. ♪ let's do our top three trades and take a look at the wall and show you shares of citigroup climbing again after the company this week announced those 11,000 job cuts. joe, when you take a look at this one, what do you do with the stock? is it just time to get in as mike mayo suggested on this very program that it was? >> yeah. i do think you continue to own it and if you don't, you do step in. i think steve corbett is doing it here to counter against the low growth, low rate environment. it's all about expense management. that's what the financial story

is in 2012. some are doing it better than others. city is, but they also have the diverse i have indication of the international story and that makes it attractive. special defrom d.r. horton today. >> this is like watching reruns of "the brady bunch". there can't be anything more boring than these stories. it's old news. no reason to do anything on the stock except maybe you want to sell it. what if they need the cash next year. not them necessarily but the other companies who paid it out. i don't think it's great strategy. >> take a look at gold as well. initially selling off on this morning's jobs data. i think that gold, doc, is still down about 5% or so on the week, right? >> right. and part of this has to be, of course, the numbers that we've been reporting about paulson, we here at the networks at cnb have been reporting about the paulson

fund, which unfortunately people have been front-running him, which, in their purview, they can do that. they think he's getting liquidations and he's probably taking some pain because of that. people have been trading ahead of that. i still strayed on the range. 162 on the seller of puts. 168 on the seller of calls and i've overall moved to the agu, durable silver etf. i've been doing that one because you get more bang for your buck over there. it's a lot more volatility. >> let's head to the devg and take a listen from courtney. >> this company can't seem to get out from underneath itself some days. yesterday we know that reed hastings and ceo received a notice about a posting that reed hastings made on his facebook page that they receive add billion for the first time ever in the month of june.

he says, hey, i've got 200,000 to look at this. i say that's public. what do you think? >> everybody was glowing about the company, right? >> it doesn't change my opinion of what i said yesterday. i believe now you have a put placed underneath the market with the 2016 relationship with disney. i think carl icahn's position is similar and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more.

in terms of the company and the fundamentals, my concern is they're overpaying for content. they're going to have to raise capital next year and i don't think somebody can come in and buy them. >> we'll move on and talk about the market. ross kosterich joins us live from san francisco. ros russ, nice to see you. >> thanks for having me. >> if there's coal in apple's market can santa claus have a rally? >> the stock can move higher without apple but to state the obvious, it's a big chunk. it's certainly going to help if apple participates but i think the reality is apple along with the rest of the stock market is still to a large extent hostage. >> so what does that mean?

sound bite-driven trading? >> i think it is sound bite-driven trading. it's still in the mid to high teens. people have taken this in stride. i think the reason if that is there's an expectation that a deal will be struck. i think that's the right answer and probably the most likely scenario, but the risk is if it as not struck, the market not ready for that event. >> what's the best place to look for teenlt then right now. >> you know, right now i think we're seeing the best opportunity outside the united states. this has been the case now for a few months. if you look at the marked, since the end of august, through the end of november, u.s. stocks are up about 1%. international stocks are about 5 5.5%. you've got slow growth in china and continuingi issues in europ. the s&p trade is a little over two times book. internation international is about four

times the book. >> if you want to look domestically in terms of sector plays between now and the end of next year let's say over the edge of 2013 assuming we don't go off the fiscal cliff, where would you look? >> i think a couple of things. i still like the international play, but there are ways to get exposure to that domestically. so one area, technology particularly with the selloff recently. the sector ice cheap relative to the rest of the market. still has an exceptionally high r.o.e. and is very leveled to the inner national growth. another place to look, mega caps. this is one part of the market. very inexpensive and most profitable. the rop is about 30% so you're getting stocks at a cheap price that are making a lot of money. >> russ, good to talk to you. we'll see you again. rugsz koesterich from blackrock. what do you think? >> i look to the financials. the reason is because as we get

closer and closer to the end of the year and everyone is concerned about the fiscal cliff, i'm still of the belief we're going to put a band-aid on it. and if you look at the financials, look at all the activity. as a matter of fact, earlier we had over a million contracts trade. 850,000 of which were on the cal side. so, judge, people are looking at bank of america, aig, jpmorgan, citi. you talked about citi earlier for a lot of different reasons. i have a feeling -- >> give me a look at bank of america right now. it's above ten bucks. that was a line in the sand for a lot of people. >> right. they were buying it. they had 250,000 open on that ten strike. that's now past it. then they for the 10.5 strike today that expire in about two and a half hours. >> and i like it, i own it, i'll buy more. that's been the stock. meantime the stock has had a

great move and analysts are still afraid to come out and say, you know what? i love it. >> you're not afraid, but why do you need it to pull back? >> you don't. >> add to it. you're waiting for it to pull back. >> i've got a decent sized position in it right now, so if i can get it at a cheaper price given where my cost is, which is in the 8s, i'll do it. but not up here. >> i got you. what a stronger than expected jobs reports means for the greenback. we'll get some numbers for you. breaking up is hard to do, especially when it's waning stock. we zero in on two stocks having great runs at least for now. but first we go under the radar for china. what new data beyond the great wall is suggesting about investment opportunities there. those stories and much more coming up on halftime.

>> i think you know we upgrayed our exposure to china last week, so i kind of agree with some of the comments just made, the recent data reports look better in china. they have really outperformed. therefore that latter group is cheap. so we like increasing china exposure. >> that was morgan stanley's

adam parker, one of the biggest bears on the street getting bullish right here on kwf hattime." jane ulrich joins us now with her 2013 outlook. it's nice to see you again. welcome. >> thank you very much. >> is it just me or has sentiment seemed to change better? >> absolutely. yes, indeed. i think november was actually the inflexion report for the chinese market and kmchinese economy. if you look at the data, pmi data are more positive. industrial production is up. retail sales are bouncing back. but more importantly i've been speaking to a lot of companies on the ground. we're on the cusp of a very important week, right? the kind of data that we get will get more.

some of the i flags data is coming out and some of the production numbers as well. so we should pay close attention in the coming week. >> that's correct. there won't be major surprises. i think the coming week will show data that are basically in line with what we've been discussing, basically some recovery across the various industries. indeed, it's important to pay attention to not only macro data. we've seen it improving across the corporate sector and that's a very willielcome signal to th asian market sometime in 2013 the market should begin to recover. >> joe? >> jing, any concern that we are setting up for a similar scenario to 2011 where because of the developed economies are all massicly easing monetary policy that that inflation gets exported to china and at the end of 2013 the chinese are going to

have to quickly tighten? >> that's always a concern. however, at this point, inflation is only 1.7%. it's come down a long way. so in the new year, even if we have one lid equity from the developed markets going to china, i don't thing the inflation will exceed 2%, 3%. so at this point the chinese economies just coming out of a 7 7.25% decline. at this point we're looking for the economy to gain momentum in the new year. as a matter of fact, we're looking for gdp numbers of 8% in 2013. >> jing, enjoy the weekend. i hope to see you again very soon. thanks for coming on. >> thank you very much. >> jing all rim ulrich of jpmor >> for those who don't follow it as closely, you've been among

the biggest china bears in then tire year. what made you buy the fxi? >> the stock market's been so depressed i thought it could move higher particularly with the new regime coming in and they're talking about stimulating the economy more than i thought they would. still have concerns. what jing didn't mention is that europe is getting worse and part of the reason that china has slowed is because of europe. but nonetheless i didn't want to miss it and turn around in three months and say, you know what? i miss add huge move. i bought the fxi. i'm no longer short on the iron ore stocks. >> apple, that stock has moved even lower than it was earlier. apple down nearly 3% right knew, approaching what has to be some $50 billion in market cap wiped

out. the next is quite astonishing. apple has finished lower in 9 of 11 weeks. nearly $150 billion in market cap has been washed away, again, the worst week for this particular stock, which is the most valuable company on the planet, arguably america's most loved stock and company is looking at its worth week in some 2 1/2 years, pete. i mean how do you put all of this into perspective when you're looking at a stock that seems to be if not broken, certainly hurting? >> i think from a stock perspective it's broken. i don't think that it's broken at all. you're looking at a lot of charts breaking down. again, i think this points back to -- joe had brought it up earlier. what about nokia. the reason i have so much confidence in this name is they've got their new phones. the windows 8 platform that

they've finally gone to as far as the operating system, i think it's catching on much better than people ever thought it would and when you're talking about demand numbers, i think there is a reason why. >> i was about to ask another question if i can. it relates to options because i think right now that's the most important thing if you're holding apple in the near term. what's the gravitational pull in terms of the strike bess low apple? because that's going to tell you where it's going, forgetting the fundamentals. >> well, right now we've seen people like -- well, the volatility for apple, vxapl, by the way, folks. pull it up. take a look at it. it's about as high as it could be. that's a very bad thing if you're long about apple. >> it's the highest level as it's been in a long time. >> yes. 43 is the reading right now. a normal reading is about 28. so this is approaches a double as far as people and fear in the

stock. and like i said before, i believe it is the fiscal cliff and tacks that are going to be going up. this is one that each at this level, people have 30% gains on, people have held it over the year, i think you have problems with margin calls. not margin increasing at the other brokers but people, because it's such a widely held stock, that people have chased it here and it's a lot of retailers selling it. it's not like it was. not even close. november 16 it tradeho hood 44 million, yesterday, 42 million. today far less than that. >> still to come on "half time," how a stronger than expected jobs report could affect the u.s. dollar and whether to hold 'em or fold 'em and determine whether lady luck is still on their side. we'll be right back. [ male announcer ] tradins like a high-speed train. and you don't want to miss it with thinkorswim by td ameritrade.

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i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. coming up today on power lunch at 1:00 p.m. eastern time, with an unemployment rate up still near 8%, why some companies still can't find workers, and it's not a skills gap. we'll show you what else is factoring into that. plus a big change to big blue. ibm changing out how it pays its 401(k). will other companies follow suit and what does it mean for your market's 401(k). and driving profits, mercedes-benz on the luxury

consumer and america. >> all right, sue. see you in about ten minutes or so. what will the jobs report mean? let's bring in boris. i see you've targeted the dollar/yen. what are you looking at? >> dollar/yen failed today. failed the 83 breakout app it's telling me the market is very hesitant. it's actually pretty mixed. we had payroll up but household down. all of it dove h tail dovetails that it's concerning with what's going on. basically the short dollar/yen trade which i think is going to happen is an anti-deal trade. if we don't get a deal, dollar/yen comes back down for two reasons. number one, the fed is going to come out and be just as accommodating as before because they're going to have to overbalance because washington,

d.c. is d.c., is in complete turmoil. >> you have the fiscal cliff and the jobs report which is better than most people expected. they'll have to believe whether they believe it ott nor other data. >> better but far from great and the kind of level that they see in order to ease off the pedal. that's my point. i think they're going to maintain it. and maybe even overcompensate. >> so give me -- give me levels then. >> so, you know, my levels are i want to see if dollar/yen is going to break. i want to see dollar/yen down. first target, 81.50 and second target all the way down to 80. if the deal gets done, then, of course, the trade doesn't get done and we're not hurt and the market will rally and go up. >> appreciate it, boris. be well. see you soon. >> thank you. >> you can get more on this today on cnbc's "money in motion." that program airs every friday

at 5:30 p.m. eastern time. let's play a little hold 'em fold 'em with several stocks. first up, proctor & gamble. pete, what do you look? >> when you look at companies who continue to innovate themselves and product lines continue to make them better, the refreshes and so forth, and the fact that they could do a lot more share repurchasing, i think despite the fact that it's near the highs, it could go it. >> campbell's soup, the stock also at a 52-week. recently announced a special div. >> i fold this one. i think margins will be underpa in the food space. up here at a you new 52-week high, i would get out. up next even more stocks to talk about in the biggest "pops & drops" in today's trading.

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time for the biggest "pops & drops" in midday trading. freeport mcmoran. >> the other day i pointed out on twitter a that i thought the deal was a good one. i said yesterday i am wrong. it got right up to $32.6 3 32.6. i still think i'm wrong. the meeting with analysts was

terrible. this is the penalty box. >> sears' apparel seems to be doing better. maybe it is jcpenney they're taking it from. comp numbers from november look good. >> bac's up less than citi and less than jpmorgan. the whole sector i still think is one of the best out there. >> palo alto networks. >> this became public in july. new 52-week low today on negative guidance. but they see trends beginning to pick up so i think you want to take a look at this stock in this $50 range. it's been up in the 70s earlier this year. >> pop for expensive vacations when it comes to holiday travel. are you fed up with florida? sick of san francisco? now promise your family the moon. start-up space travel company golden spike is booking lunar trips for the intrepid traveler. the out of this world vacation

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time for final fraitrades. >> nokia. >> colbeal kkr. >> american express. >> apple is at the lows of the day. it has been there since pretty much we've been on the air. popped a little bit off of that. down 9 of 11 weeks. $150 billion in market cap. from this company wiped out over that period. right now having its worst week in some 2 1/2 years. $50 billion in market cap this week alone wiped away from the world's most valuable company. end of your selling? is it something more?

what's the most important sign you're going to be looking for in shares of apple next week? >> stabilization. it's a very secretive company. they only talk when they report so you want to make sure that there's nothing there you don't know. stabilization. >> joe? what's the most important thing that you'll be watching in terms of how this stock trades next week? >> i trim the position. i am waiting and not doing anything else and i am watching the options market and i think that is the key here. it appears that the lower strikes have this gravitational magnetic pull. if we whoosh down there, i will go in and do something from the long side. >> perfect segue to the guys who watch the options market more than anybody. >> sure. >> what are you going to be looking for next week? it is going to be maybe the most pressing question -- beyond the fiscal cliff obviously -- of what investors have to say about this market. what does apple do and what does it mean for the broader market? >> i would 100% be with you looking at the options market but i don't care about the options markets, anything until you start getting at